Net Leased TJ Maxx
1251 4th Street Santa, Santa Monica, CA 90401
New
Coastal, single-tenant net lease opportunity anchored by TJ Maxx at a signalized Santa Monica intersection.
Type:Retail
Property size:
32,000 SFLot size:
0.32 AcresPrice / SF:
$631/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 2 at 7:16 am
Property Features for 1251 4th Street Santa
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Lot size
- 0.32 Acres
- Property subtype
- Retail
Listing agent Bill Bauman License #CA RE Lic. #00969493
Listing office Newmark | Las Vegas (213) 298-3597
Listing date Jun 2, 2026
Source Nmrk
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Las Vegas
HighLights
- Single‑tenant net leased TJ Maxx (NYSE: TJX) at 1251 4th Street in Santa Monica, CA
- TJ Maxx occupies 32,000 SF on a 0.32‑acre lot and has operated at this location since 2009
- Lease includes an executed 1st option expiring in 2032, with two additional 5‑year options remaining
- Situated on the signalized hard corner of Arizona Avenue and 4th Street in the heart of Santa Monica’s commercial district
- Tenant pays taxes directly; tenant maintains the building and reimburses for LL insurance, with landlord limited to roof and structure
- Net leased property is offered free and clear of existing debt and positioned as an eligible 1031 exchange opportunity
Overview
A high-profile TJ Maxx single-tenant net leased property in a coastal, infill setting. The building is occupied by TJ Maxx, which has operated at this location since 2009. The current lease includes an executed first option term through 2032, with two additional five-year options remaining, providing an extended hold for long-term investors. The site is described as an irreplaceable, hard-corner retail location, and the tenant structure is supported by limited landlord responsibilities, with the tenant paying taxes directly, maintaining the building, and reimbursing landlord insurance.
The property is located on the signalized hard corner of Arizona Avenue and 4th Street, in the heart of Santa Monica’s commercial district. The offering highlights heavy pedestrian and tourism traffic, supported by the area’s walkable urban retail environment. Transit access is noted near the Metro E Line terminus, and the listing also references immediate access to the I-10.
This asset is positioned as a strong fit for investors seeking a credit-backed, single-tenant retail lease with downside-resilient fundamentals. With TJX identified as a high-credit retailer and the lease structure designed for reduced landlord involvement, the property is presented as an opportunity that may appeal to both long-term income buyers and 1031 exchange investors.
The property is located on the signalized hard corner of Arizona Avenue and 4th Street, in the heart of Santa Monica’s commercial district. The offering highlights heavy pedestrian and tourism traffic, supported by the area’s walkable urban retail environment. Transit access is noted near the Metro E Line terminus, and the listing also references immediate access to the I-10.
This asset is positioned as a strong fit for investors seeking a credit-backed, single-tenant retail lease with downside-resilient fundamentals. With TJX identified as a high-credit retailer and the lease structure designed for reduced landlord involvement, the property is presented as an opportunity that may appeal to both long-term income buyers and 1031 exchange investors.
Location Intelligence
Current Use by Public Records
T.J. Maxx
Department Store
Similar Places Nearby
- Bloom Boom — 500 Broadway #223, Santa Monica, CA 90401
- Fleurs Du Jour — 2525 Main St #105, Santa Monica, CA 90405
- Martha's Flowers — 1725 Ocean Ave, Santa Monica, CA 90401
- Water Studio — Santa Monica, CA 90401
- Walking Flowers Consulting — 343 Rennie Ave # 5, Venice, CA 90291
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.497631
- Latitude
- 34.01899
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Coastal, single-tenant net lease opportunity anchored by TJ Maxx at a signalized Santa Monica intersection.
Where is this storefront property located?
The property is located at 1251 4th Street Santa Santa Monica, CA.
What is the asking price?
The asking price for this property is $20,218,000.
What are key features of this property?
This property features: Single‑tenant net leased TJ Maxx (NYSE: TJX) at 1251 4th Street in Santa Monica, CA; TJ Maxx occupies 32,000 SF on a 0.32‑acre lot and has operated at this location since 2009; Lease includes an executed 1st option expiring in 2032, with two additional 5‑year options remaining
